↵Image Source: Pixabay Silver’s price stages a comeback, rising above the 50-day Simple Moving Average (SMA) at $30.32 and eyeing a break of the 100-day SMA. At the time of writing, the XAG/USD trades at $30.64, having gained over 2.64% on Wednesday. XAG/USD Price Forecast: Technical outlook On its way toward its current price, XAG/USD cleared […]

The CPI was pretty much as expected, with the headline at 0.4% m/m and 2.9% y/y. Some final data movement pushed the core CPI estimates to 0.3% m/m, and that caused the miss when the results came in at 0.2%. But again, it is hard to say it was a surprise or that suddenly things […]

Image Source: Pexels Interest rates continue to dominate our recent research. And rightfully so. Big swings in interest rates have ramifications for the domestic and global economy.Whether it is falling bond yields / interest rates in China (as we highlighted last week) or rising bond yields / interest rates in the U.S. (as we highlighted this week), it […]

The US CPI number was okay, as it was better than expected. But it was not a good report. US CPI inflation is still running at around 3%. It is, however, providing Treasuries with an excuse to do some downside testing for yields. We doubt it goes too far, as there is not the ammunition […]

All three major indexes enjoyed healthy session wins, following this morning’s cooler-than-expected consumer price index (CPI) reading. Bank earnings have been all the rage as well, with numerous big names sharing upbeat results for the fourth quarter. Today’s pop helped the tech-heavy Nasdaq snap its five-day skid. Plus, the S&P 500 and Dow each marked a third-straight gain with […]